Parametric Insurance Cover Provides French Farmers with Drought Relief August 2, 2019 By Inti Landauro Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts...
Why Year-Long Ebola Outbreak Hasn’t Triggered Payout from Pandemic Insurance August 2, 2019 By Karin Strohecker World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight after the latest...
UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change August 2, 2019 By Mathew Carr and Lisa Pham The Bank of England for the first time is asking British insurers to gauge how global warming might impact the...
Aviva Weighs Options for Asian Business Including Possible Sale August 2, 2019 By Manuel Baigorri, Jan-Henrik Förster and Joyce Koh Aviva Plc is considering options for its Asian business including a possible divestment of the unit as its new chief...
Chubb Promotes Ortega to President, Overseas, as Andrade Moves to Top Everest Role August 1, 2019 Chubb Ltd. has appointed Juan Luis Ortega as executive vice president, Chubb Group, and president, Overseas General Insurance. He succeeds...
Lloyd’s Selects 11 Insurtechs to Support Its Future-at-Lloyd’s Project August 1, 2019 Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were...
UK Markets Regulator Warns of Dangers of Unregulated Cryptocurrencies August 1, 2019 By Huw Jones and Tom Wilson Britain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value and offer consumers few protections,...
Oil Tankers Cut Navigation Risks in Strait of Hormuz by Vanishing from Tracking Systems August 1, 2019 By Brian Wingfield and Julian Lee Oil tanker owners are finding a way to reduce the risks of navigating the Strait of Hormuz, the world’s most...
Specialist Broker SSL Endeavour to Launch Cyprus & Greece Subsidiary August 1, 2019 Specialist independent Lloyd’s broker SSL Endeavour Ltd. announced it is planning to launch a wholly owned subsidiary, SSL Endeavour Insurance...
Hiscox Re & ILS Promotes Dolphin to Director of Underwriting, Lee to COO August 1, 2019 Specialist Bermuda-based insurer Hiscox announced two new appointments within Hiscox Re & ILS. Andrew Dolphin has been appointed director of...